Edition #106 - 13 MAY 2024
The numbers are in… crypto venture capital funding hit $1B for the second straight month. It is the first time since late 2022 that the industry has recorded two consecutive funding months above $1B.
gaming developments
​​​​Mocaverse MOCA token over $29 million committed.
Galaxis Raises $10M, doubling down on belief that NFTs will provide real value everywhere.
metaverses & AI
​​​​Staking blockchain driven by AI node for NFT and game mass adoption ALIENX raised $17M in a funding round from OKX Ventures, C² Ventures, NEXT Leader Capital, Offchain Labs, AlienSwap Labs, Caldera, Particle, Araceae Capital, BIP32 Venture, Eureka Trading, Mission Street Ventures, Kryptos, ARPA Official, Felix Xu.
​​AI-powered blockchain risk management platform Lockchain ai raised $4.6M in a Seed funding round led by Lerer Hippeau, with participation from Arrington Capital, Valhalla Ventures, Arca Fund, RSE Ventures, Sonic Boom Ventures, White Star Capital.
​​Web3 AI firm Raiinmaker raised $7.5M in a Seed funding round led by Jump Crypto, Cypher Capital, with participation from GDA Capital, Gate Labs, MEXC Ventures, Krypital Group, Alphabit, NewTribe Capital, Sheesha Finance, Arcanum Capital, NxGen, Coach K, AXIA8 Ventures, Alpha Sigma Capital, Launchpool, Stealth Capital, Basics Capital, Alpha Capital, K300 Ventures, Andromeda Capital, Titans Ventures, Taisu Ventures, Bella, Candaq Fintech Group, DCI capital, Green Arrow Ventures, 7 O’Clock Capital, SeedThrift Ventures, Spicy Capital.
defi
​​Botanix Labs raises $8.5 million to build a Bitcoin-native DeFi ecosystem. Investors include Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE.
funding rounds
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Cross-chain DeFi Protocol Eywa, a three-year-old startup based in the British Virgin Islands that is building a platform that combines multiple blockchains into a unified trading and liquidity framework, raised a $7 million round. Curve Finance founder Michael Egorovm led the investment, with Fenbushi Capital and GBV Capital also contributing.
